This square is part of the World Heritage Danube panorama. Here you can see statues of Istvan Szechenyi (19th century statesman and great moderniser and reformer of Hungary) and Deak Ferenc (19th century lawyer and politician who supported Hungarian independence from the Habsburg Empire). The square is surrounded by the neo-Renaissance style building of the Hungarian Academy of Sciences and the Art Nouveau Gresham Palace, opened in 1907 as the foreign headquarters of the London-based Gresham Life Assurance company. This building has had a somewhat chequered existence that includes being used by the Red Army as a barracks after WW2. However, it was finally lavishly restored to its Art Noveau grandeur and opened in 2004 as the very luxurious Four Seasons Hotel Budapest Gresham Palace.

From the square you can walk along the Danube on the Danube promenade or go in the opposite direction towards the Parliament - either way is beautiful.